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🔥 Financial Independence Calculator Last updated 16 Jan 2025 EEAT verified

FIRE Calculator - Coast FIRE, Barista FIRE & Early Retirement Planner

Calculate your FIRE number with inflation. Free interactive step-by-step financial independence planner.

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Free • No signup required • Get results in 5 minutes

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Profile
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2
Income
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3
Expenses
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4
Investments
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5
Goals
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6
Review
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Results

🔥 Understanding FIRE: Your Quick Start

Learn the simple math behind Financial Independence and see if it's achievable for you

📊 The FIRE Formula (4% Rule)

FIRE Corpus = Annual Expenses × 25
(Based on the 4% Safe Withdrawal Rate: You can withdraw 4% of your corpus annually without depleting it)

How it works:

  1. Calculate your annual expenses: How much you spend per year
  2. Multiply by 25: This gives you the corpus needed to generate 4% annually
  3. Build your corpus: Invest systematically until you reach this target
  4. Achieve FIRE: Live off 4% withdrawals from your investments

⚡ Quick FIRE Check (Editable)

Try changing these values to see how they affect your FIRE number!

₹ 50,000
₹10K ₹2L
12%
6% 18%
₹ 30,000
₹5K ₹2L
10%
0% 20%
Step 1: Annual Expenses
₹ 50,000 × 12 months = ₹ 6,00,000/year
Step 2: FIRE Corpus Required (25x Rule)
₹ 6,00,000 × 25 = ₹ 1,50,00,000
🎯 Your FIRE Number:
₹ 1,50,00,000
⏱️ Estimated Time to FIRE:
~17 years
With ₹ 30,000/month SIP at 12% returns + 10% annual step-up
💡 Pro Tip: The calculation above assumes compound returns with annual SIP increases. Your actual results will vary based on market performance and consistency.

🧮 Why does the 25x rule work?

Historical Evidence: Based on the Trinity Study (1998), a portfolio of 50% stocks and 50% bonds has historically survived 30+ years of retirement with 4% annual withdrawals.

The Math: If your investments return 7-8% annually on average, withdrawing 4% leaves 3-4% for inflation protection and growth.

Safety Buffer: Many FIRE enthusiasts use 3.5% (28x expenses) or 3% (33x expenses) for extra safety, especially for early retirement.

Ready to create your personalized FIRE plan?
Click "Start Planning" below to enter your detailed profile, income, expenses, and investment strategy. We'll calculate your exact path to financial independence!

👤 Tell us about yourself

Let's start with your basic profile to personalize your FIRE journey

FIRE age will be calculated based on your expenses and investments
💡 Quick Tip: Your FIRE age is when you want to have the freedom to retire. Most people target 15-20 years from now. Setting up household type now helps us tailor income questions in the next step!
💡

What's Next?

Let's capture your monthly income to understand savings potential.

💼 What's your monthly income?

Now let's see what you earn and your savings capacity

💡 Important: Use your take-home income (after taxes and deductions), not your gross salary.
Total Monthly Income
₹ 1,00,000
💡

What's Next?

Enter your monthly expenses to calculate your FIRE target (25x rule).

💳 What are your monthly expenses?

This determines your FIRE number - the magic target!

💡 Pro Tip: Review your bank statements to get accurate monthly averages. Don't forget annual expenses divided by 12!

🎯 Your FIRE Target Corpus

₹ 0

Based on annual expenses of ₹ 0

Using the 25x rule (4% safe withdrawal rate)

💡 Want a different target? Customize it below (optional)

Leave empty to use auto-calculated 25x target

💡

What's Next?

Allocate savings across asset classes for optimal growth.

📈 How will you invest?

Diversify across multiple asset classes for better risk-adjusted returns

💡 Total Monthly Investment: ₹ 50,000 (100% of your savings)
Diversification reduces risk. Allocate across equity, debt, gold, and real estate based on your risk appetite.
📊

Equity/Stocks (Mutual Funds, ETFs)

High growth potential, suitable for long-term wealth

Allocation: 60% | Historical: 10-12% p.a.
🏦

Debt/Fixed Income (Bonds, FDs, Debt Funds)

Lower risk, stable returns, capital preservation

Allocation: 20% | Historical: 6-8% p.a.
🪙

Gold (Digital Gold, Gold ETF, Sovereign Gold Bonds)

Inflation hedge, portfolio diversification

Allocation: 10% | Historical: 7-9% p.a.
🏘️

Real Estate (REITs, Property Investment)

Tangible asset, rental income potential

Allocation: 10% | Historical: 8-10% p.a.

Increase all SIPs by this % every year to match salary growth

💰 Year-wise Lumpsum Investments (Optional)

Plan for specific lumpsum investments in future years (e.g., bonus, inheritance, property sale proceeds)

No year-wise lumpsum investments added. Click "Add Lumpsum Investment" below!

💡 Tip: Add expected bonuses, inheritance, or one-time windfalls that you plan to invest in specific years.
💡

What's Next?

Add major life goals (education, wedding, house) to factor into your plan.

🎯 Any major financial goals?

Plan for life events like education, wedding, house purchase

💡 Optional: Add major expenses like child's education or house down payment. These will be deducted from your wealth at the specified year.
💡

What's Next?

Review your plan and make adjustments before calculating results.

📊 Review Your Plan

Review all your inputs and make changes if needed by clicking on any card

🎯 Your Targets

🔥 Your FIRE Target Corpus
₹ 0
Auto-calculated using 25x rule

💡 Want to customize? Enter your target:

Leave empty to use auto-calculated target

💡 Click on any card above to jump back and edit that section. When you're ready, click "Calculate FIRE Plan" below!
🎉

Ready for Your FIRE Plan!

Everything looks good? Click "Calculate FIRE Plan" below to see your complete wealth projection, interactive charts, and personalized recommendations. We'll show you if you'll reach FIRE on time and suggest optimizations if needed!

🎉 Your FIRE Journey

Here's your personalized path to financial independence

FIRE Target (Today's Value)
₹ 0
You'll Reach FIRE At
Age 50
Wealth at FIRE Age
₹ 0
Inflation-adjusted accumulated wealth
Years to FIRE
20 years
🎉 Congratulations! You'll achieve FIRE at age 50!

📖 Understanding Your Results

FIRE Target Explained: Your FIRE target shown above is in today's value. The chart below shows this target adjusted for inflation each year (orange dashed line). Your wealth accumulation (green line) must cross this inflation-adjusted target to achieve FIRE. This ensures your corpus maintains its purchasing power over time.

The 4% Rule: Your FIRE corpus is calculated at 25 times your annual expenses. This means you can safely withdraw 4% per year to cover your expenses while your investments continue to grow, preserving your wealth indefinitely.

Key Factors: Your journey to FIRE depends on three main levers: (1) How much you save each month, (2) Your investment returns, and (3) Your lifestyle expenses. Small changes in any of these can significantly impact your FIRE timeline.

📊 Your Investment Portfolio at FIRE

Diversification across asset classes when you achieve FIRE

Asset Allocation Details

💡 Diversification Insight: Your portfolio is spread across multiple asset classes, reducing risk while maintaining growth potential. Each asset class contributes differently to your overall wealth accumulation.

💡 Click "Show Detailed Calculations" above to see step-by-step breakdown of how your FIRE corpus and wealth accumulation are calculated!